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68% earning women buy health insurance policies without help: Survey


68% earning women buy health insurance policies without help: Survey

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Financially independent women are more aware and confident about purchasing health insurance, reveals a survey by ICICI Lombard.

Are you aware that there are women-specific health insurance plans?
77% Yes
23% No

Financially independent women are more aware about women-specific health plans

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What are the top reasons for buying health insurance?
Financial security is the top reason for buying health plans

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What is the right age to buy health insurance?
Two in three women think 25-29 yrs is the right age to buy health cover

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65%: own women specific plans, and among financially independent women, 73% own one.
* 470 respondents
36%: women aware of disease exclusions in policies

What are the health insurance features you are aware of?

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58%: of respondents buy health plans on their ownHow involved were you in purchasing the health plan?
58% Made decision on my own without help from friends/ family/spouse
37% Took some help from friends/family/ spouse
6% Took a lot of help from friends/family/spouse

How much health insurance do you have?
Only 19% think they have ideal health insurance

63% More than required
19% Ideal
16% Less than required
1% Not sure
* 470 respondents

Note:Source: ICICI Lombard. The survey was conducted among 779 women across India in the age group of 21-55 years.

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